Salesforce Tower Chicago Explained

Salesforce Tower Chicago
Location:Chicago, Illinois, United States
Address:333 West Wolf Point Plaza
Start Date:2020
Completion Date:2023
Height:835feet
Floor Count:60
Architect:Pelli Clarke Pelli Architects
Developer:Gerald D Hines Interests
Website:http://www.wolfpointchicago.com/
References:[1]

Salesforce Tower Chicago (initially named Wolf Point South Tower during construction) is a skyscraper at Wolf Point in downtown Chicago. It is the tallest and last built of a three tower megadevelopment partly owned by the Kennedy family.[2] The 835feet-tall tower was designed by Pelli Clarke and was completed in 2023.[3] It is the regional headquarters of software company Salesforce.[4]

Background

On January 26, 2012, the Chicago Sun-Times broke the story that the Kennedy family was planning a three-tower development at Wolf Point.[5] [6] On May 8, 2012, Chicago Alderman Brendan Reilly announced that a three-tower proposal for Wolf Point had been made including buildings of approximately 900feet, 750feet and 525feet and that plans would be made public on May 29. The South Tower would be the tallest of these buildings.[7] [8]

Location

The property upon which the development was planned is historic and drew scrutiny by critics.[9] Plans for the tower development were presented as scheduled by the Kennedy family on land that they own in the River North neighborhood at the confluence of South, North, and Main Branches of the Chicago River southwest of the Merchandise Mart complex.[10] [11] [12] As plans for the Kennedy proposal were developing on the north bank of Wolf Point, a plan for a 45- to 50-story office building on the west bank called River Point were progressing according to Robert Sharoff of The New York Times.[13] Chicago Tribune Pulitzer Prize-winning architecture critic Blair Kamin felt that the initial plans presented by Christopher G. Kennedy needed some work.[14]

History

On October 30, 2012, a revised plan was presented that included more open space.[15] [16] In November the responses to the revisions were negative,[17] and Reilly withdrew the proposal on November 27.[18] The Chicago Plan Commission approved the plans for the entire three-tower development that included 1,410 residential units, 450 hotel rooms and 1,285 parking stalls on January 24, 2013.[19] [20]

In May 2013, opponents of the planned development filed suit in United States Federal Court.[21] On November 19, 2013, U.S. District Judge Amy J. St. Eve ruled that the valuable and iconic views of downtown are not something that can be constitutionally protected saying "Illinois courts do not recognize property values, air, or light as constitutionally protected property interests."[22] The Wolf Point Towers broke ground in March 2014.[23] Neighboring Wolf Point West Tower had its groundbreaking ceremony on July 18, 2014.[24] The building opened for residence on January 13, 2016.[25]

In July 2015, a rumor emerged that the South Tower might exceed 1000feet based on revised renderings.[26] [27] However, October 2016 plans showed the building had been scaled back to 950feet.[28] [29] On November 30, 2018, Salesforce committed to a 17-year $475 million 5000000NaN0 lease in the tower commencing in 2023.[30] The lease included naming rights for redesigned building to be named Salesforce Tower Chicago with a reduced height of 835feet.[31]

On April 2, 2020, despite the COVID-19 pandemic and the related economic slowdown that jeopardized construction projects around the world, the project secured a $500 million-plus construction loan and construction commenced within 2 days.[32] Construction topped off in May 2022, and the building was completed in 2023.[33] [34]

See also

External links

41.8874°N -87.6376°W

Notes and References

  1. Web site: Salesforce Tower Chicago. The Skyscraper Center. Council on Tall Buildings and Urban Habitat. 2024-01-13.
  2. https://www.keller-na.com/projects/wolf-point-south
  3. https://pcparch.com/work/salesforce-tower-chicago
  4. https://www.salesforce.com/news/stories/salesforce-chicago/
  5. Web site: Kennedys envision 3-tower development along Chicago River. March 12, 2014. January 26, 2012. Chicago Sun-Times. Roeder, David.
  6. Web site: Kennedy family eyeing 3-tower development on river's Wolf Point. March 12, 2014. January 26, 2012. Chicago Tribune.
  7. Web site: https://web.archive.org/web/20140312225003/http://www.suntimes.com/12408740-417/wolf-point-plan-could-include-80-story-building-alderman-says.html. March 12, 2014. Wolf Point plan could include 80-story building, alderman says. March 12, 2014. May 8, 2012. Chicago Sun-Times. Roeder, David.
  8. Web site: Developers to present plans for controversial River North site. March 12, 2014. May 8, 2012. Chicago Tribune. Kamin, Blair.
  9. Web site: Wolf Point plan deserves scrutiny; Kennedy family and architect Pelli plan complex that includes 900-foot skyscraper. March 12, 2014. May 10, 2012. Chicago Tribune. Kamin, Blair.
  10. Web site: Kennedys unveil three-tower plan for Wolf Point site. March 12, 2014. May 29, 2012. Chicago Sun-Times. Roeder, David.
  11. Web site: $1 billion high-rise project proposed downtown at Wolf Point: 3-building plan, backed by Kennedys, would be biggest Chicago development since recession, financial crisis. March 12, 2014. May 30, 2012. Chicago Tribune. Kamin, Blair.
  12. Web site: First glimpse of plan for Wolf Point along Chicago River. March 12, 2014. May 30, 2012. Chicago Tribune. Kamin, Blair.
  13. Web site: Chicago Attracts New Towers With River Views. March 12, 2014. July 11, 2012. The New York Times. Sharoff, Robert.
  14. Web site: Wolf Point proposal doesn't live up to promise of its site; Kennedy family's $1 billion development, designed by Cesar Pelli, needs substantial reworking . March 12, 2014. June 3, 2012. Chicago Tribune. Kamin, Blair.
  15. Web site: Kennedy-Hines team unveils changes to plans for Wolf Point. March 12, 2014. October 30, 2012. Crain's Chicago Business. Ori, Ryan. subscription .
  16. Web site: Kennedy, developers revise plans for Wolf Point. March 12, 2014. October 30, 2012. Chicago Tribune.
  17. Web site: Wolf Point history puts scrutiny on proposed project. March 12, 2014. November 16, 2012. Chicago Tribune. Grossman, Ron.
  18. Web site: Alderman pulls Wolf Point proposal: Reilly cites last-minute changes to plan. March 12, 2014. November 27, 2012. Chicago Tribune. Grossman, Ron.
  19. Web site: https://web.archive.org/web/20130202070416/http://www.suntimes.com/business/17781567-420/wolf-point-3-tower-plan-backed-by-kennedy-family-wins-city-planners-approval.html. February 2, 2013. Wolf Point 3-tower plan backed by Kennedy family wins city planners' approval . March 12, 2014. January 24, 2013. Chicago Sun-Times. Roeder, David.
  20. Web site: Wolf Point tower development clears first hurdle. March 12, 2014. January 24, 2013. Chicago Tribune. Byrne, John.
  21. Web site: Condo owners sue to block Wolf Point project. March 12, 2014. May 31, 2013. Crain's Chicago Business. Gallun, Alby.
  22. Web site: Judge dismisses suit by neighbors to halt development at Wolf Point. March 12, 2014. November 19, 2013. Chicago Sun-Times. Janssen, Kim.
  23. Web site: After Years Of Planning, Wolf Point Construction Finally Begins. September 18, 2014. March 21, 2014. Curbed.com.
  24. Web site: Construction Begins on Wolf Point West: Luxury rental units, office, retail space and possibly a hotel planned for development. September 18, 2014. July 18, 2014. WMAQ-TV.
  25. Web site: First Wolf Point Tower Opens for Residents Amid Changing Scene Around River. 2016-10-05. 2016-01-13. DNAinfo.com. Matthews, David.
  26. Web site: Wolf Point Tower Rises Even Higher . August 12, 2015. July 16, 2015. Commercial Property Executive. Neamt, Ioana.
  27. Web site: New design released for Wolf Point towers. November 12, 2015. July 13, 2015. Time Out Chicago. Guse, Clayton.
  28. Web site: More Tidbits Trickle Out About Wolf Point East (And a few about Wolf Point South). 2016-10-04. Chicago Architecture. 2016-10-05.
  29. Web site: 66-Story Wolf Point Tower To Break Ground With New Look. 2016-10-05. 2016-10-03. DNAinfo.com. Matthews, David.
  30. Web site: Salesforce to bring 1,000 jobs to riverfront tower. December 19, 2018. November 30, 2018. Crain's Chicago Business. Hinz, Greg.
  31. Web site: Alderman pumps the brakes on Related's plan for former Chicago Spire site. Kozlarz. Jay. 22 October 2018. Curbed. 23 October 2018.
  32. Web site: Salesforce Tower lands $500 million-plus loan; construction of 60-story office building kicks off along Chicago River despite coronavirus slowdown. April 19, 2020. April 13, 2020. Chicago Tribune. Ori, Ryan.
  33. https://www.salesforce.com/news/stories/salesforce-tower-chicago-tops-off/
  34. https://www.keller-na.com/projects/wolf-point-south

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Salesforce Tower Chicago".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.